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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?

To: CMon who wrote (187)	1/5/1999 1:14:00 PM
From: Guardian	Read Replies (1) \| Respond to of 1377

understand that nsol has a few years of monopoly left. do you know date it runs out? thanks. also here is some news: CHICAGO, Jan 5 (Reuters) - Dain Rauscher Wessels said Tuesday it initiated coverage of Network Solutions Inc. <NSOL.O> with a buy-aggressive rating. -- Dain says in a report it has a 12-month share price target of 160, based on a price-earnings multiple of 100 times its 1999 earnings per share estimate of $1.60. Estimates 1998 earnings of $1.05 per share. -- Share target and estimates do not reflect the company's planned secondary offering or 2-for-1 stock split that was announced on Monday. -- Dain says Network Solutions, which provides domain name services for the Internet, is a pure play on growth of the Internet "and one of the best positioned companies in an important emerging investment category." -- Says that although the company will lose part of its federally mandated monopoly during the next two years, "we believe that the company will likely remain a de facto monopoly for the foreseeable future." -- Network Solutions shares were ahead 1-7/8 at 156-7/8 in midday trade on Nasdaq. REUTERS Rtr 12:34 01-05-99 Copyright 1999, Reuters News Service